Don’t Log Off for Summer: Five Must-Follow June Updates
June has a way of stacking regulatory deadlines right when everyone’s already half checked out for the summer.
Broker-Dealer Compliance Made Simple With Monthly Net-Capital Reviews
Michael Coglianese CPA, P.C. has worked inside broker-dealer and alternative-fund books for more than 30 years, so we treat net capital as a monthly operating discipline rather than a year-end event.
What Is an Introducing Broker and What Are Its…
The NFA defines an introducing broker, or IB, as a person or organization that solicits or accepts orders for futures, forex, commodity options, or swaps without accepting customer money or assets to support those orders.
What Is NFA Registration and Who Is Required to…
At Michael Coglianese CPA, P.C., we help firms slow that NFA registration question down before it turns into a launch delay, audit problem, investor concern, or cleanup project.
Section 475(f) Election Strategy: Minimize Trader Taxes with Our Advisory…
A mark-to-market election changes how every position closes out on December 31, which changes federal liability, state liability, character of income at the entity level, and what shows up on each LP’s K-1.
What Compliance Records Must a CPO Maintain?
CPOs are required to keep books and records in an “accurate, current and orderly manner,” and NFA’s expectations stretch that mandate across nearly every function of the fund.
Quarterly Estimated Partnership Taxes: How and When to Pay
GPs, LPs, founders, and foreign investors all sit in different tax worlds. Walk through each group separately so the right partners get the right estimates and Section 1446 withholding doesn’t sneak up on the fund.
May the Force Be With You: Five Regulatory Updates…
The first three weeks of the month produced more substantive guidance for alternative fund managers than most full quarters do, and almost none of it was the kind you can file away for later.
Need a Surprise Custody RIA Exam Partner? Why Boutique…
Nobody wakes up excited about a surprise custody RIA exam. You know it is coming sometime this year. You just do not get to know when, and that is sort of the point.